Anhui Huamao Textile Balance Sheet Health
Financial Health criteria checks 5/6
Anhui Huamao Textile has a total shareholder equity of CN¥4.5B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are CN¥6.9B and CN¥2.5B respectively. Anhui Huamao Textile's EBIT is CN¥143.2M making its interest coverage ratio 9.6. It has cash and short-term investments of CN¥1.5B.
Key information
40.3%
Debt to equity ratio
CN¥1.79b
Debt
| Interest coverage ratio | 9.6x |
| Cash | CN¥1.48b |
| Equity | CN¥4.45b |
| Total liabilities | CN¥2.47b |
| Total assets | CN¥6.92b |
Recent financial health updates
Recent updates
Here's Why Anhui Huamao Textile (SZSE:000850) Can Manage Its Debt Responsibly
Nov 30
Anhui Huamao Textile Co., Ltd.'s (SZSE:000850) Shares Climb 30% But Its Business Is Yet to Catch Up
Sep 28The Strong Earnings Posted By Anhui Huamao Textile (SZSE:000850) Are A Good Indication Of The Strength Of The Business
Sep 06Anhui Huamao Textile Co., Ltd. (SZSE:000850) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Apr 03Financial Position Analysis
Short Term Liabilities: 000850's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 000850's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥619.9M).
Debt to Equity History and Analysis
Debt Level: 000850's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 000850's debt to equity ratio has reduced from 52.3% to 40.3% over the past 5 years.
Debt Coverage: 000850's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000850's interest payments on its debt are well covered by EBIT (9.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:10 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Anhui Huamao Textile Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mao Juan Li | Guoyuan Securities Co., Ltd. |
| Zhiru Liu | Shenwan Hongyuan Securities |